3. To reduce cost of land
Jimi Agbaje said in order to meet the growing demand for accommodation in Lagos state, he would make the cost of land virtually free. He made this statement at a fundraising dinner titled “An evening of interaction and dinner with Jimi Agbaje” in Lagos on March 25.
“We have to encourage housing because Lagos will become a slum if we do not address the issue. Lagos needs over two million housing units and that is an average of getting 200,000 every year. We have to encourage people to invest in housing and that means we have to improve the issue of how you get your construction permits,” he said.
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